22/05/2024
Attention to our investors! Changes to Greece's Golden Visa Law are imminent. We kindly remind you to stay informed about these changes. For the easiest access to Greece's Golden Visa and detailed information, please feel free to contact us!
On March 21, 2024, the government announced new conditions for the Golden Visa Programme. While the program continues to welcome investors, there are adjustments in investment amounts and geographic requirements.
As per the new regulations, a single real estate property with a net size of at least 120 m² is necessary to qualify for the Golden Visa. Minimum investment amounts are as follows:
- For the Attica Region, the Thessaloniki Regional Unit of the Central Macedonia Region, the Mykonos and Thira Regional Units of the Southern Aegean Region, and islands with a population of over 3,100: €800,000.
- For all other regions: €400,000.
Furthermore, investment options of €250,000 without geographical or ownership restrictions apply to:
- Real estate converted from commercial to residential use – Conversion must be completed before applying for a Golden Visa.
- Restoration of protected buildings – A Golden Visa application can be made before the restoration is finished, but it must be completed within 5 years for card renewal.
To benefit from the current law, investors must select their real estate by August 30, 2024, pay 10 percent with a pre-sale and purchase agreement, and complete the remaining payment and Golden Visa application by the end of 2024.
We strongly advise taking action promptly to secure your position under the current law and avoid potential disruptions in the application and approval processes. Begin your investment journey by reaching out to us.
At Smart Citizenship Consulting, we are prepared to assist you with your real estate investment and Golden Visa application. Contact us for further information.
🌟 Contact Information:
📧 Email: [email protected]
📞 Contact Number: +90 850 346 05 06
